Twelve-year-old managed to fail negotiations by the World Trade Organization (WTO) has achieved historic success in Bali. Organization global trade increase to ten trillion dollars of multilateral agreement is the agreement put the seal to the poor food safety plans to give more subsidies under the concerns of countries like India also have been turned away since the establishment in the year 1995. WTO was the first success.
The Doha round of trade talks began 12 years ago. since WTO came to an agreement for the first time unique. Saturday morning 159 countries Ministers Bali package seal. for the last four days of intensive talks between trade ministers of these countries was released the last time Cuba and three other Latin American countries protest even had to decide that four days of scheduled talks Continued beyond the period.
Closing of the session Indonesia naunve Ministerial Conference of Trade Ministers Conference in Bali, said GITA wingrove package has been approved. it's a historic achievement, but the work was not over yet. earlier on Friday, India achieved the biggest win in the Conference then, when WTO member country to food subsidies to the poor without any fines plans agreed to approve. Gita said that we have food safety Talks on a package of the package will be enough food available to millions of poor.
Commerce Minister Anand Sharma said the poor food security and farmers the minimum support price (MSP) of India on the issue of value. in connection with this agreement have been away all our concerns. this agreement is a historic achievement for India. to revive the Doha Round talks and more useful in understanding the important role India. Bali is a positive step, the WTO's Director General rabarto azevedo. Said, ' we are the world to unite on the platform of the WTO has been able for the first time in the history of the organization. achieved big success. '
Talks have encountered in danger once then when mention of the decades old US Cuba sanctions sought to remove threatening to veto this. Cuban wants to compromise these restrictions havent main purpose by customs procedures easier and more transparent business focuses on the agreement to bring in global trade is projected to rise to $ 10 trillion.
The Doha round of trade talks began 12 years ago. since WTO came to an agreement for the first time unique. Saturday morning 159 countries Ministers Bali package seal. for the last four days of intensive talks between trade ministers of these countries was released the last time Cuba and three other Latin American countries protest even had to decide that four days of scheduled talks Continued beyond the period.
Closing of the session Indonesia naunve Ministerial Conference of Trade Ministers Conference in Bali, said GITA wingrove package has been approved. it's a historic achievement, but the work was not over yet. earlier on Friday, India achieved the biggest win in the Conference then, when WTO member country to food subsidies to the poor without any fines plans agreed to approve. Gita said that we have food safety Talks on a package of the package will be enough food available to millions of poor.
Commerce Minister Anand Sharma said the poor food security and farmers the minimum support price (MSP) of India on the issue of value. in connection with this agreement have been away all our concerns. this agreement is a historic achievement for India. to revive the Doha Round talks and more useful in understanding the important role India. Bali is a positive step, the WTO's Director General rabarto azevedo. Said, ' we are the world to unite on the platform of the WTO has been able for the first time in the history of the organization. achieved big success. '
Talks have encountered in danger once then when mention of the decades old US Cuba sanctions sought to remove threatening to veto this. Cuban wants to compromise these restrictions havent main purpose by customs procedures easier and more transparent business focuses on the agreement to bring in global trade is projected to rise to $ 10 trillion.
